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8) Given the following information, what is WBM Corporation's WACC? CALCULATION 14 marks Common Stock 1 million shares outstanding $40 per share, $ 1 par

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8) Given the following information, what is WBM Corporation's WACC? CALCULATION 14 marks Common Stock 1 million shares outstanding $40 per share, $ 1 par value B = 1.0 Bonds 10,000 bonds outstanding $ 1000 face value for each bond 8% annual coupon 20 years to maturity Market price = $830.12 Market Risk Premium: 8.6% Risk-Free Rate 6% Tax Rate 40%

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